Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the ...

City of Austin completes successful migration of financial management system to CGI Advantage® Accessibility StatementSkip Navigation AUSTIN, Texas, March 24, 2026 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A), one of the world's largest independent technology and professional services firms, today announced the successful upgrade of the City of Austin's financial management system to CGI Advantage®, a software-as-a-service (SaaS) platform purpose- built for government. Austin's move from an on-premise deplo ...

Core Insights - CGI's Strata Enterprise solution has received Arum Approved System certification, highlighting its effectiveness in collections and recoveries decision-making [1][1][1] Company Overview - CGI is one of the largest independent IT and business consulting firms globally, with a workforce of 94,000 professionals [1][1][1] - The company reported a fiscal 2025 revenue of CA$15.91 billion [1] Product Features - Strata Enterprise enhances decision strategy design and execution across various financial processes, including loan origination and debt recovery [1][1] - The solution allows non-technical users to create and manage strategies without coding, while also offering technical extensibility [1][1] - It supports deployment flexibility across different platforms, including mainframe, cloud, and real-time APIs [1][1] - The product provides decision transparency and optimization features, including simulation and champion-challenger testing [1][1] - Governed decision-making is supported, incorporating predictive models, AI, and statistical models while maintaining transparency [1][1] Certification Significance - The Arum Global certification confirms that Strata Enterprise exceeds industry benchmarks, enhancing client confidence in decision management [1][1][1] - The review emphasized the solution's strengths in improving speed, control, and confidence in decision-making processes [1][1]

Group 1 - CGI has achieved Gold tier status in the Databricks Brickbuilder Partner Program, recognizing its capabilities in AI, data, and analytics delivery [1] - The company also earned two Brickbuilder Specializations in Security & Governance and Manufacturing, Transportation & Energy, reflecting its expertise in data modernization and governance [1] - The Gold tier status indicates CGI's demonstrated practice maturity and customer success, including validated delivery capabilities on the Databricks Data Intelligence Platform [1] Group 2 - CGI's partnership approach focuses on client outcomes, helping organizations establish governed data foundations and operationalize analytics and AI use cases [1] - The company has a global alliance strategy with over 150 technology partners, supporting a local relationship model complemented by a global delivery network [1] - CGI reported revenue of CA$15.91 billion for Fiscal 2025, highlighting its position as one of the largest independent IT and business consulting services firms globally [1]

Core Insights - CGI has been recognized as the European Channel Partner of the Year by Informatica for the second consecutive year, highlighting its success in delivering business value and AI-powered outcomes for clients [1] Group 1: Recognition and Achievements - The award reflects CGI's sustained delivery excellence across Europe in helping clients generate measurable business value using Informatica's solutions for intelligent data management and AI readiness [1] - Dirk de Groot, President for CGI's operations in Scandinavia, Northwest and Central-East Europe, emphasized the importance of collaboration and expertise in achieving great outcomes for clients [1] Group 2: Partnership and Collaboration - CGI has a long-standing partnership with Informatica, actively engaging with joint customers to modernize their data ecosystems [1] - The award recognizes CGI teams across multiple countries including Denmark, Finland, Norway, Sweden, the United Kingdom, France, and the Netherlands, showcasing broad pan-European collaboration [1] Group 3: Company Overview - Founded in 1976, CGI is one of the largest independent IT and business consulting services firms globally, with 94,000 consultants and professionals [1] - CGI reported revenue of CA$15.91 billion for Fiscal 2025, indicating strong financial performance [1]

Group 1 - CGI Inc. is recognized as one of the 10 Best Magic Formula Stocks for 2026, highlighting its strong market position [1] - The company secured a $64 million contract from the U.S. Environmental Protection Agency (EPA) to modernize its financial management platform, Compass, which is a five-and-a-half-year agreement [1][2] - The contract aims to enhance the implementation of CGI's Momentum Enterprise Suite by utilizing AI and other capabilities to improve automation and software consolidation [2] Group 2 - For the first quarter of fiscal 2026, CGI reported a revenue increase of 7.7% year-over-year, reaching $4.08 billion, driven by acquisitions and demand for its APAC delivery center [3] - The adjusted diluted EPS for the same period was $2.12, reflecting a 7.6% improvement from the previous year [3] - Wall Street analysts have a positive outlook on CGI's stock, assigning a Strong Buy rating with an average price upside potential of 53.4% as of February 23 [4]

Core Insights - CGI has been recognized as "Best in Class" in the PAC RADAR Leaders in Sovereign AI-related Services in Europe for 2026, highlighting its leadership in sovereign AI solutions [1] - The recognition emphasizes CGI's capabilities in delivering secure, compliant, and scalable AI solutions tailored for organizations in highly regulated environments [1] Company Positioning - CGI's strengths include AI governance, secure infrastructure, and Responsible AI frameworks, establishing it as a reliable partner for organizations modernizing operations while maintaining digital sovereignty [1] - The company has a strong focus on horizontal compliance and secure platforms, including sovereign cloud integration and privacy-preserving data architectures, which help clients meet regulatory requirements [1] Market Demand and Strategy - There is a growing demand for AI solutions tailored to specific industries, and CGI is strategically positioned to address Europe's evolving sovereign AI requirements by combining horizontal expertise with targeted vertical solutions [1] - The PAC RADAR research assessed 31 IT services providers, and CGI's recognition underscores its commitment to security and compliance, allowing clients to deploy scalable AI solutions aligned with national interests [1] Financial Overview - CGI reported a fiscal 2024 revenue of CA$14.68 billion, indicating its significant market presence and operational scale [1]

Core Insights - CGI Federal Inc. has been awarded a US$64 million contract to modernize the U.S. Environmental Protection Agency's financial management systems, enhancing transparency and efficiency [1] Group 1: Contract Details - The contract is an indefinite delivery/indefinite quantity agreement spanning five and a half years, focusing on expanding CGI's Momentum® Enterprise Suite within the EPA [1] - CGI will integrate artificial intelligence and automation capabilities into the EPA's existing financial management platform, Compass, while optimizing it within the agency's Amazon Web Services (AWS) environment [1] Group 2: Objectives and Benefits - The modernization aims to streamline administrative processes, reduce costs, and improve operational efficiency, aligning with the federal mandate for transparency and accountability [1] - By retiring outdated legacy systems, the EPA will be able to focus on strategic initiatives, leveraging Momentum's scalable design [1] Group 3: Company Background - CGI Federal Inc. is a leading technology and professional services company serving various federal agencies, with nearly 8,000 professionals dedicated to modernizing government through innovative technology solutions [1]

Core Insights - CGI and Schneider Electric are expanding their strategic partnership to provide sustainable end-to-end solutions for energy suppliers in the DACH region, addressing challenges and opportunities in the energy market [1] - The partnership combines CGI's industry expertise with Schneider Electric's advanced solutions for grid operations and planning, including ADMS and GIS [1] - AI is highlighted as a critical component in future transformation projects, enhancing process optimization, cost efficiencies, and sustainability in the energy sector [1] Group 1: Partnership Details - The collaboration aims to support energy suppliers in navigating regulatory complexities and transitioning to renewable energy [1] - Schneider Electric will provide grid operation solutions, while CGI will offer software implementation and system integration as a managed services partner [1] - The partnership builds on over 30 years of collaboration between the two companies, emphasizing technological excellence and industry knowledge [1] Group 2: Industry Context - The energy market is experiencing a shift due to the digitization of networks and increasing regulatory demands, creating both challenges and opportunities [1] - CGI and Schneider Electric are involved in the Digitopia Business Hub of Eurelectric, focusing on digital transformation and common challenges in the energy sector [1] - AI applications are set to be a key topic in 2026, aimed at accelerating decarbonization and improving system efficiency [1] Group 3: Company Profiles - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with reported revenue of CA$15.91 billion for Fiscal 2025 [1] - Schneider Electric is a leader in energy technology, focusing on efficiency and sustainability through electrification, automation, and digitalization, with a workforce of 160,000 employees [1]

Core Insights - CGI Inc. has been positioned as a Leader in the 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms, reflecting its strong execution capabilities and strategic vision in the banking payment hub market [1][1][1] Company Overview - CGI is one of the largest independent IT and business consulting services firms globally, founded in 1976, with 94,000 consultants and professionals [1][1][1] - The company reported a revenue of CA$15.91 billion for Fiscal 2025 [1] Product and Services - CGI's All Payments platform is a modular payments solution built on global industry standards, supporting real-time, high-value, and bulk payments across domestic and international schemes [1][1] - The platform aids in modernizing payment infrastructures, enhancing processing efficiency, cost management, and transparency [1][1] Market Positioning - The recognition as a Leader in the Magic Quadrant indicates CGI's deep expertise in payment markets and long-standing partnerships with banks, which are crucial for navigating the complex payments landscape [1][1][1] - CGI emphasizes its commitment to delivering solutions that create tangible value for clients, helping them modernize their payment capabilities at their own pace [1][1]